Technical analytics

GBP/USD

Buyers failed to sustain an upward trajectory and allowed sellers to drive the market lower. The pound returned below 1.3050 шт the late US session and spent the night around the hurdle. A fresh selling pressure emerged in the morning and drove the major towards 1.3000.

 The pound may extend its losses today. If buyers fail to fixate around 1.3050 the spot may pull back to 1.2950 in the coming sessions.

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